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Stock Market & Financial Investment News

News Breaks
January 28, 2014
05:39 EDTCHKPCheck Point expands share repurchase program by $1B
Check Point Software announced that its board has authorized an extension and expansion to the company's on-going share repurchase program. Under the updated plan, effective immediately, Check Point is authorized to repurchase up to $200M of its outstanding shares each quarter up to an aggregate of $1B. The new plan replaces the previous repurchase plan adopted in July 2012, which provided for the repurchase of shares for $1B over a period of two years.
News For CHKP From The Last 14 Days
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October 22, 2014
06:44 EDTCHKPU.S. weighing cybersecurity requirements for bank vendors, NY Times says
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October 13, 2014
09:23 EDTCHKPHP could buy lower valuation company, says Bernstein
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October 9, 2014
06:40 EDTCHKPSource of JPMorgan cyberattack still unclear, NY Times says
The source of the cyberattack on JPMorgan (JPM) and other U.S. financial institutions this summer is still unclear, according to The New York Times. The hackers may have tried to hit about a dozen financial institutions , and E-Trade(ETFC) and Fidelity Investments may have been victimized in some way, the newspaper stated, citing an unnamed source who was briefed on the matter. At least five other banks, including Citigroup (C), HSBC (HBC) and Regions Financial (RF), discovered that one of the web addresses used by those who hacked JPMorgan tried to penetrate their systems, The Times quoted unnamed sources briefed on the matter as saying. Publicly traded companies in the space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link

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